Intel's big bet: $14.2 bn Apollo acquisition deal

Intel shares rose 5% as a $14.2 billion deal for Apollo's stake in an Ireland fabrication facility boosted confidence in its turnaround strategy. Analysts see this as a positive catalyst for the semiconductor giant. UBS highlighted better balance sheet strength and improved EPS starting in 2027. This news followed a 17% surge, marking the stock's best week in over four months.

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